Mortgage lender · Des Moines, IA · LEI II61D6IY86YZ37HBBL25

Bankers Trust review: approval odds, rates and grade (2025)

Bankers Trust earns a B, better than most small mortgage lenders. It turned down 9.2% of the applications it decided on in 2025, which ranks in the 52nd percentile for approval odds. Its median loan was priced 0.10 points below the average prime offer rate, ranking in the 88th percentile on pricing. Compared against 1,883 small mortgage lenders using 2025 HMDA filings.

910Applications2025
78.7%Originatedof applications
9.2%Decision denial ratenational 22.6%
6.38%Median ratenational 6.63%
$389MLoan volume12 states

Bankers Trust at a glance, 2025

Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.

8.1%Denial rate (all applications)-9.85 pts vs national
9.2%Denial rate (decided applications)-13.35 pts vs national
78.7%Origination rate+20.65 pts vs national
10.8%Withdrawn by applicant
1.2%Closed for incompleteness
6.38%Median interest rate-0.25 pts vs national
-0.10Median rate spread (pts over APOR)-0.35 pts vs national
$225,000Median loan amount
$2,193Median total loan costs
$113kMedian applicant income
80%Median loan-to-value
0High-cost (HOEPA) loans

How the B grade breaks down

Each component is a percentile rank among 1,883 small mortgage lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.

Approval oddsdecision denial rate, weight 45%

52nd9.2% denied

Pricingmedian rate spread over APOR, weight 30%

88th-0.10 pts

Processwithdrawn + incomplete share, weight 15%

48th12.0%

Closing coststotal loan costs ÷ loan amount, weight 10%

85th0.97% of loan

Trend, 2023–2025

YearApplicationsOriginatedDenial rateDecision denialMedian rateVolume
202374957310.4%11.8%6.25%$261M
20245463909.9%11.9%8.00%$312M
20259107168.1%9.2%6.38%$389M

What Bankers Trust lends

Applications by purpose and loan type in 2025, with the denial rate for each. A lender's mix explains a lot of its headline rate: HELOCs and FHA loans are denied far more often than conventional purchase loans.

By loan purpose

Home purchase 532 58% · 3.4% denied
Refinance 176 19% · 10.2% denied
Cash-out refinance 18 2% · 11.1% denied
Home improvement 49 5% · 18.4% denied
Other / HELOC 135 15% · 20.0% denied

By loan type

Conventional 899 99% · 7.9% denied
FHA 9 1% · 33.3% denied
VA 2 0% · 0.0% denied

Also: 279 home-equity lines, 0 reverse mortgages, 2 manufactured homes, 46 investment properties.

Why Bankers Trust denies applications

Primary reason reported for each of the 74 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.

Debt-to-income ratio 45 61%
Credit history 13 18%
Collateral 9 12%
Other 6 8%
Insufficient cash 1 1%

How these reasons compare nationally →

Who gets approved at Bankers Trust

Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.

Applicant incomeApplicationsOriginatedDecision denial rate
Under $50k834926.1%
$50k – $100k29823210.7%
$100k – $150k14711111.8%
$150k – $250k1291016.3%
Over $250k1981732.8%
Applicant ageApplicationsOriginatedDecision denial rate
Under 25705410.0%
25–342131804.7%
35–441551198.4%
45–5417013214.7%
55–6415111010.9%
65–74856510.7%
Over 74342510.0%

Where Bankers Trust lends

12 states and 56 counties in 2025. Click a state for the lender's full record there.

StateApplicationsOriginatedDenial rateMedian rateRank in state
Iowa7345768.0%6.38%#32
Arizona1311019.9%6.75%#213
Nebraska24214.2%6.88%#193
Missouri550.0%6.20%#598

Frequently asked questions

Bankers Trust denied 9.2% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 52nd percentile of small mortgage lenders.

The most common reason Bankers Trust gave in 2025 was "debt-to-income ratio", cited on 60.8% of its denials. Lenders report up to four reasons per denial to the CFPB; the full breakdown is on this page.

The median interest rate on loans Bankers Trust originated in 2025 was 6.38%, and its median rate spread over the average prime offer rate was -0.10 points. Rates on this page are what borrowers actually got, not advertised rates.

In 2025, 58% of its applications were for home purchases, 21% for refinancing (including cash-out), and 20% for home improvement or other purposes. By loan type: 99% conventional, 1% FHA, 0% VA.

Every figure on this page comes from the Home Mortgage Disclosure Act (HMDA) Loan/Application Register published by the CFPB, which lenders are required by federal law to file. We add the grade and the comparisons; we do not add facts.

About this data. HMDA data is published once a year by the CFPB. The current release covers applications acted on in calendar year 2025. Figures describe applications the lender acted on, including loans it later sold. Interest rates and costs are medians on originated loans only; some depository institutions are exempt from reporting pricing fields, which is why a few cells read "—". MortgageGrades is not affiliated with Bankers Trust. Data sources · Methodology